Zhang, Yaojie; Shi, Benshan - In: China Finance Review International 7 (2017) 4, pp. 390-406
Purpose The purpose of this paper is to alleviate the moral hazard problem created by deposit insurance and therefore … develop a deposit insurance pricing model explicitly considering systematic risk. Design/methodology/approach Using the market … pricing model that ignores systematic risk underestimates deposit insurance premium, and cannot cover the excessive loss …